Mortgage rates could move significantly if tomorrow's jobs report shocks or if we finally get decisive news on the Iran peace talks.
Mortgage rates fell yesterday. When it comes to the Iran peace talks, no news is good news.
The federal government recently issued guidance reminding lenders of the risks of lending to potentially unauthorized workers.
Mortgage rates barely moved yesterday as markets tried to gauge the likelihood of peace in the Middle East.
Today, we're due a report on construction spending and two purchasing managers' indices. But it's the Middle East that's most likely to move mortgage rates.
Housing affordability, fewer foreign buyers, and fallout from Wednesday's Fed meeting all in a single news roundup.
Today's consumer sentiment survey might move mortgage rates if its reading is surprising. But, absent shocks in the Middle East, today may be quiet.
Crucial inflation and GDP data could affect mortgage rates today.